ABSTRACT
Henry and Wanda married five years ago, after the death of Henry’s first wife, Bronwen. Henry and Bronwen had two children, Scott, now aged 14, and Charlene, now aged 12. Henry and Wanda have one child, Jimmy, aged three. Henry owns the matrimonial home, which is a large four-bedroomed executive house, valued at £250,000 with a mortgage of £10,000 outstanding. When Jimmy was born, Wanda used her entire savings of £12,000 to build an extension to the house, which included a playroom and ‘den’ for the children. Wanda has no further savings, and has not worked since before Jimmy was born. Henry earns £40,000 per annum.
